Bitcoin Price to be Settled by Robinhood Derivatives Contract
Roninhood Derivatives has announced a contract that will determine the price of Bitcoin on July 27, 2026 at 1pm EDT. The outcome will be based on the CF Benchmarks' Real Time Index (RTI), which collects 60 prices in the last minute before expiration and averages them to get the official value.
The contract pays out $1 for every contract owned if the prediction is correct, or allows traders to close their positions before the event resolves. Additional fees apply.
However, there are restrictions on who can trade this contract. Individuals employed by any of the Source Agencies, as well as those with material non-public information about Bitcoin, are not permitted to participate.